Jersey Central Power & Lt Co Electricity Rate per kWh (2024 EIA Data)

Jersey Central Power & Lt Co is an investor-owned electric utility that reports to the U.S. Energy Information Administration under utility number 9726. In 2024 it served 964,802 bundled residential customers in New Jersey (plus 73,456 delivery-only residential accounts that buy their energy from a competitive supplier), and its average realised residential price was 15.65 cents per kWh: $1,434 million of residential revenue divided by 9.16 million MWh of residential sales.

Across the other sectors, Jersey Central Power & Lt Co's 2024 average prices were 15.03 cents for commercial customers (92,791 accounts) and 13.86 cents for industrial customers (1,162 accounts). Industrial customers paid 1.79 cents less per kWh than households, a 11% discount that is typical of high-volume, high-voltage service. New Jersey allows retail choice, so the customer base splits two ways: 964,802 residential customers took bundled service (energy plus delivery) at 15.65 cents per kWh, while 73,456 bought their energy from a competitive supplier and paid Jersey Central Power & Lt Co only for delivery, which averaged 5.28 cents per kWh for the wires portion.

Within New Jersey, Jersey Central Power & Lt Co ranked number 2 of 5 utilities with bundled or delivery service by residential accounts served (1,038,258, bundled plus delivery-only) and accounted for 33.02% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 19.34 cents per kWh, so Jersey Central Power & Lt Co's customers paid 3.69 cents below the New Jersey average (-19.1%). For context, EIA's latest monthly figure for New Jersey is 24.95 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Jersey Central Power & Lt Co in 13 New Jersey counties: Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, and Union, and 1 more. On the grid side it operates in the RFC NERC region and the PJM Interconnection market, and reported transmission, distribution, wholesale marketing, and retail marketing as its activities. Balancing authority code: PJM.

Jersey Central Power & Lt Co is not among the utilities included in EIA's preliminary 2025 early release, so the 2024 final data is the most recent figure available for it.

The nearest other utilities in New Jersey by service-territory centroid are Public Service Elec & Gas Co (10.8 miles away, 20.42 cents), Rockland Electric Co (35 miles away, 21.04 cents), Atlantic City Electric Co (69.1 miles away, 23.41 cents), and City of Vineland (NJ) (90.5 miles away, 17.84 cents). Other New Jersey utilities of similar size include Constellation NewEnergy, Inc (1,113,912 residential accounts served, 15.95 cents).